John got his house insured against fire for Rs.1,50,000 and suffered a loss of
Rs.1,00,000. The insurer will pay him Rs.1,00,000 and not the policy amount of
Rs.1,50,000. Which principle is followed in this case?
A) Principle of subrogation B) Principle of utmost good faith
C) Principle of indemnity D) Principle of insurable interest
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2000000000, English chi guide to our backyard and test no comments
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